AuctionsPlus commercial cattle listings more than doubled to 8,492 head on last week’s small Easter offering, but was still affected by a shortened week.
Buyer appetite was certainly there, however, and the recent rains no doubt helped confidence.
Clearance was a healthy 77%, which is up on the pre-Easter lull. Benchmark steers (280-330kg) rose 4% to $1,170 but value over reserve fell $7 to $106. The AuctionsPlus Young Cattle Indicator fell 7 points to 363.
Table 1: AuctionsPlus National Weekly Cattle Prices
Report: Interactive Market Dashboard
There were strong price rises across almost all steer categories except for the small offering of sub-200kg.
400kg-plus steers saw a jump of $167 on a limited offering of 225 head. Younger cattle came back onto the platform in much greater numbers.
Steers 200-280kg registered a larger offering of 1,082 head and averaged $1,029/head - up $59 from last week for a 86% clearance. Prices ranged from 239 - 509c and averaged 423c/kg lwt.
From Tumut, NSW, a line of 30 Angus steers aged six to eight months and weighing 276kg returned $1210/head, or 439c/kg lwt and will travel to a buyer at Cootamundra, NSW.
Steers 330-400kg registered a larger offering of 801 head and averaged $1,277/head - up $41 from last week for a 89% clearance. Prices ranged from 160 - 424c and averaged 365c/kg lwt.
From Guyra, a line of 50 Charolais/Shorthorn steers aged eight to nine months and weighing 361kg returned $1450/head, or 402c/kg lwt and will travel to a buyer at Willow tree, NSW.
There were big jumps in the numbers of heifers offered this week across every category except the youngest, which fell by 70% to 68 head.
Heifers 280-330kg jumped to 931 head from last week’s 36 head and buyer appetite jumped with it. Prices lifted $106/head to average $954/head for a 84% clearance. Prices ranged from 205 - 383c and averaged 309c/kg lwt.
From Spring Ridge, a line of 37 Angus heifers aged nine to 11 months and weighing 303kg returned $1160/head, or 383c/kg lwt and will travel to a buyer at Trangie, NSW.
Heifers 200-280kg registered a five-fold larger offering of 558 head and averaged $820/head - up $130 from last week for a 72% clearance. Prices ranged from 213 - 432c and averaged 338c/kg lwt.
From Barraba, NSW a line of 85 Wagyu/Angus heifers aged seven to nine months and weighing 278kg returned $1200/head, or 432c/kg lwt and will travel to a buyer in Barraba, NSW.
Breeding stock prices were flat across five categories, fell in two and jumped in two. The two most significant offerings in terms of stock were;
PTIC Heifers, which registered a 61% larger offering of 858 head and averaged $1,664/head - down $193 from last week for a 47% clearance. From Guyra, NSW a line of 73 Angus heifers aged 18 to 20 months and weighing 431kg returned $1700/head, or 395c/kg lwt and will travel to a buyer at Bourke, NSW.
PTIC Cows, which jumped threefold to 920 head and averaged $1,814/head - up $393 from last week for a 82% clearance. From Carinda, NSW a line of 45 Santa Gertrudis cows aged 3 to 3.5 years and weighing 483kg returned $1670/head, or 346c/kg lwt and will travel to a buyer in Warren, NSW.
Note: Prices as at 2pm Friday, 5th April 2024
Table 1: AuctionsPlus National Cattle Prices
AuctionsPlus Angus Table
AuctionsPlus Queensland Table
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AuctionsPlus Interactive Cattle Market Report
